Post
Topic
Board Economics
Re: Would you rather start/grow a business from scratch or buy an existing business?
by
RahimNda
on 09/08/2023, 21:40:41 UTC
In my opinion, it would be better for someone to establish a business from scratch because there are some teams that are already experiencing decline in their businesses. If you continue with these teams, your firm may fail.However, if you start and expand a firm on your own, you'll be able to control it and all of its beneficial aspects, including its clients and employees. If a company meets the requirements for the stages of production, growth, maturity, and decline.Products may be in a stage of decline and then return to a stage of growth.We must all believe that expanding a business is preferable.